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Property profile & analytics
OFF-MARKET
Estimated value
$5,650,000
Hotels
5601 Lovers Ln Rd, Milwaukee, WI 53225-2201
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US92-3436638
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1986
Total area
47,244 SF
Lot
2.32 ac (101,190 SF)
Zoning code
CS
APN
181-9957-213
UPID
US92-3436638
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hampton Inn Milwaukee Northwest Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.65M
Owner & transaction history
Almond Hospitality LLC · 2 yrs held
Almond Hospitality LLC
since 2024
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
CS · Milwaukee, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.1M
+384.9%
Restaurant
$5.0M
+298.7%
Auto repair, garage
$4.8M
+279.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Milwaukee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Milwaukee submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$5,650,000
ML approach
$5,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$6,085,000
Change: +385% · Conversion: Difficult
RESTAURANT
$5,005,000
Change: +299% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,765,000
Change: +280% · Conversion: Difficult
MEDICAL BUILDING
$3,650,000
Change: +191% · Conversion: Difficult
RETAIL STORES
$3,570,000
Change: +185% · Conversion: Difficult
Blend value · Realmo final
$5.65M
Range $5.09M – $6.22M · ±10% · vs last sale $5.65M (Feb 16 2024)
Last sale anchor
$5.65M
Feb 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$140,955
Tax year 2022
Assessed value
$5,920,000
Assessed 2022
Previous assessed
$5,920,000
+0.0% YoY
Effective rate
2.38%
On assessed value
Assessed land
$353,800
Assessed improvement
$5,566,200
Land market value
$353,800
Improvement market value
$5,566,200
Total market value
$5,920,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1986
Heating
NONE
Cooling
YES
Stories
4
Units
109
Total area
47,244 SF
Lot
2.32 ac (101,190 SF)
Zoning code
CS
APN
181-9957-213
UPID
US92-3436638
Jurisdiction
MILWAUKEE
Zoning & alternative use
CS · Milwaukee, WI
Zoning CS · permitted uses
CS · Milwaukee, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Milwaukee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.1M
RESTAURANT
Est. value
$5.0M
AUTO REPAIR, GARAGE
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$3.7M
RETAIL STORES
Est. value
$3.6M
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Cooling
Yes
Stories
4
Units
109
Lot
2.32 ac
Current owner
From public records · entity-resolved
Almond Hospitality LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 21, 2025
—
Almond Hospitality LLC
—
Deed
related
$3,465,000 · Prime Security Bank
Feb 16, 2024
$5,650,000
Almond Hospitality LLC
Lovers Lane Road LLC
Warranty Deed
$3,000,000 · Sterling Federal Bank Fsb
Dec 15, 2017
—
Lovers Lane Road LLC
—
Deed
related
$7,700,000 · Benefit Street Ptrs Realty Ope
Nov 25, 2015
$6,150,000
Lovers Lane Road LLC
Milwaukee Lodging Assocs LLP
Grant Deed
$7,200,000 · Private Individual
Sep 5, 2013
—
Milwaukee Lodging Assocs LLP
—
Deed Of Trust
related
$4,875,000 · National Republic Bk/chicago
—
—
Milwaukee Lodging Assocs LLP
—
Loan Modification
related
$36,011,246 · Interbank
—
—
Milwaukee Lodging Assocs LLP
—
Loan Modification
related
$13,910,000 · National Republic Bk/chicago
—
—
Milwaukee Lodging Assocs LLP
—
Loan Modification
related
—
—
—
Milwaukee Lodging Assocs LLP
—
Deed Of Trust
related
$20,000,000 · Natixis R/e Cap
—
—
Lovers Lane Road LLC
—
Deed Of Trust
related
$7,700,000 · Benefit Street Ptrs Realty Ope
—
—
Milwaukee Lodging Assocs LLP
—
Deed Of Trust
related
$59,400,000 · Ge Cap Franchise Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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